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Synopsis
Shutterstock, a global creative platform for transformative brands and media companies, completed the acquisition of Pond5, the world's largest video-first content marketplace for filmmakers, media organizations, and marketers worldwide, for $210m. "The acquisition of Pond5 provides immense value for our global customer base, with unparalleled access to one of the largest collections of editorial and commercial video content in the world. Our contributors will also benefit from having their work showcased on Pond5's platform, expanding their portfolio to new customers," Jon Oringer, Shutterstock Interim CEO.
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